NASDAQ$COLL

Collegium Pharmaceutical Inc · Q2 2020 earnings

Q2 2020 earnings · · Investor relations

Briefing

Collegium reported net income of $8.1 million and non-GAAP net income of $33.2 million.

Collegium Pharmaceutical, Inc. reported strong financial results for the second quarter of 2020, driven by Xtampza ER revenue growth and the Nucynta acquisition, which generated meaningful cash flow from operations and enabled the company to begin paying down debt.

  • Collegium delivered strong financial results in the second quarter of 2020.
  • Xtampza ER total prescriptions grew to 141,678, representing a 22% increase over the prior year quarter.
  • Xtampza ER market share of the oxycodone extended-release market was 23.5%.
  • Nucynta ER market share of the branded extended-release market grew to 6.2%.

Headline financials

Total Revenue

$78.1M

Previous: $75M+4.0%
EPS (adj)

$0.23

Previous: -$0.14+264.3%
Capital Expenditures

-$1.66M

Previous: -$4.2M+60.4%
Free Cash Flow

$6.4M

Previous: -$8.91M+171.8%
Net Income

$8.06M

Previous: -$4.71M+271.0%
Operating Income

$16.5M

Previous: -$5.01M+430.5%
Gross Profit

$48.4M

Previous: $26.4M+83.3%
Cash & Equivalents

$146M

Previous: $149M-2.0%
Total Assets

$647M

Previous: $302M+114.5%
Stock-Based Comp

$5.58M

Previous: $4.16M+34.2%

Revenue & EPS history

Collegium · Revenue · Quarterly

$78.1M

Q2 2020+4%vs Q2 2019
Beat estimate in 7 of 16 quarters(44%)
ActualEstimate

Revenue by segment

Collegium · $78.1M total across 2 segments · Q2 2020

  • Nucynta Franchise
    $44.5M-9.2%
  • Xtampza ER
    $33.6M+29.2%

Forward guidance

The company has not provided a reconciliation of its full-year 2020 guidance for non-GAAP adjusted income to the most directly comparable forward-looking GAAP measure because it is unable to predict, without unreasonable efforts, the timing and amount of items that would be included such a reconciliation.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q2 2020

Historical avgQ2 2020

+2.6%

Avg return

Earnings day

+4.9%

Avg return

5 days after

+2.2%

Avg return

30 days after

61%

28 / 46 earnings

Positive

+31.2%

Q3 2019

Best reaction

-17.6%

Q2 2021

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+7.7%-2.2%-8.9%
Q4 2025-3.5%-12.6%-29.1%
Q3 2025+4.4%+16.5%+17.8%
Q1 2025+5.9%+6.6%+10.7%
Q4 2024+2.2%+0.2%+4.5%
Q3 2024-6.8%-9.0%-13.1%
Q2 2024+2.5%+5.9%+7.3%
Q1 2024-17.2%-12.5%-12.8%
Q4 2023+14.5%+15.8%+25.1%
Q3 2023+4.6%+10.8%+23.0%
Q2 2023+6.8%+9.5%+7.9%
Q1 2023+3.6%+6.4%-2.2%
Q4 2022+1.7%+0.5%-10.0%
Q3 2022+6.9%+11.9%+30.6%
Q2 2022+11.4%+7.2%-1.0%
Q1 2022+1.7%+10.0%+15.9%
Q4 2021-14.0%-17.7%-14.1%
Q3 2021-5.3%+1.0%-12.5%
Q2 2021-17.6%-23.7%-19.2%
Q1 2021+3.6%-0.3%-1.8%
Q4 2020-9.6%-14.1%-8.8%
Q3 2020+2.2%+4.3%+1.9%
Q2 2020+6.6%+13.4%+16.4%
Q1 2020+9.4%+16.2%+0.3%
Q4 2019+5.2%-1.5%-27.4%
Q3 2019+31.2%+38.5%+53.5%
Q2 2019+4.0%+9.6%+0.9%
Q1 2019+5.6%-2.9%-18.0%
Q4 2018+18.5%+22.4%+2.0%
Q3 2018-0.4%+10.8%+23.1%
Q2 2018-5.7%-2.0%-15.7%
Q1 2018+11.6%+8.6%+9.7%
Q4 2017+17.9%+6.3%-11.9%
Q3 2017+25.8%+44.7%+75.2%
Q2 2017-4.2%-0.1%-2.4%
Q1 2017+12.5%+11.5%+28.0%
Q4 2016+7.9%+7.4%-34.6%
Q3 2016+7.9%+1.8%-0.1%
Q2 2016-13.1%-9.7%-23.8%
Q1 2016-3.0%
Q4 2015-5.6%
Q3 2015-10.4%
Q2 2015-4.3%
Q1 2015-0.8%
Q1 2014-0.8%
Q4 2014-0.8%
Q3 2014
Q2 2014

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